Unit sales of 4WD ag tractors continued growing in both the U.S. and Canada in October, making a strong opening of the final quarter of 2023, according to the latest data from the Association of Equipment Manufacturers (AEM).
In the U.S., 4WD tractors grew year-over-year 12.6%, the only segment to see growth for the month. Year-to-date, 4WD tractor sales are up 36.2%, leading all segments in unit sales growth. In Canada, 4WD unit sales were up 141% for the month, and 38.3% year-to-date.
“The mixed sales results for October reflect the market as a whole,” said Curt Blades, senior vice president, industry sectors and product leadership at the Association of Equipment Manufacturers.
Overall unit sales of U.S. tractors are down 5.6% compared to sales in October 2022, while combine sales finished 52.1% below this time last year. Canadian tractor sales, however, finished the month positive, up 4.6% with additional growth in the mid-range and high horsepower 2WD segments. Combines were down for the month, however, falling 16.1%.Click here to see more...